Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.58% | +0.14 | 0.44% |
| Return on Equity (%) | ▲ | 8.21% | +1.38 | 6.83% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.44 | 3.84% |
| Efficiency Ratio (%) | ▲ | 83.11% | -1.72 | 84.83% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.06% | -0.27 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $231 | +13.53 | $218 |
| Gross Loans ($M) | ▼ | $152 | -4.50 | $156 |
| Loan Growth YoY (%) | ▼ | 70.83% | -6.23 | 77.06% |
| Total Deposits ($M) | ▲ | $212 | +11.39 | $201 |
| Shareholders Equity ($M) | ▲ | $16 | +2.28 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +2.28 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.13 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 70.83% | -6.23 | 77.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Allowance / Loans (%) | — | 0.98% | -0.00% | 0.98% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.03% | +0.85 | 11.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▇██ | Net Interest Margin (%) | 3.02% | 3.18% | 3.79% | 3.84% | 3.91% | 4.01% | 4.29% | 4.27% |
| ▁▁▅▅▆█▇▇ | Return on Assets (%) | 0.09% | 0.10% | 0.43% | 0.44% | 0.49% | 0.67% | 0.58% | 0.58% |
| ██▁▂▁▁▁▁ | Efficiency Ratio (%) | 95.1% | 94.4% | 84.5% | 84.8% | 83.6% | 83.9% | 83.4% | 83.1% |
| █▆▄▄▃▂▁▁ | Cost of Funds (%) | 1.82% | 1.55% | 1.35% | 1.33% | 1.26% | 1.18% | 1.02% | 1.06% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.17% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.26% | 0.03% | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▂▅▇▇█ | Tang. Book Value ($M) | $14 | $13 | $14 | $14 | $15 | $16 | $16 | $16 |
| ▁▃▆██▅▅▅ | Gross Loans ($M) | $146 | $149 | $154 | $156 | $155 | $153 | $152 | $152 |
| ▆▁▄▅▆▃▇█ | Total Deposits ($M) | $205 | $189 | $198 | $201 | $205 | $197 | $207 | $212 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 3% |